# If Warner Bros. Discovery, Inc. moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/warner-bros-discovery · Facet: ripple · Updated: 2026-10-20T16:08:24.320631+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Warner Bros. Discovery, Inc. is directly linked to 4 companies (0 supply, 3 revenue, 1 investment relationships) and reaches 7 companies within two hops; the links are backed by 12 dated sources, 2 of them primary filings (as of 2026-10-20).

WBD was up 262% year to date through October 5, 2026. Its shares were delisted after the October 6 cash acquisition. The rise was an event return converging on the $31.01666668 cash consideration rather than evidence of gains propagating along a content value chain. Its $37.296 billion FY2025 standalone revenue must not be mixed with post-acquisition combined results; Skydance’s $6.9 billion Q2 2026 revenue also excludes WBD. Subsequent reports must reveal content costs, carriage fees, HBO Max and Paramount+ subscriptions and net debt under the new owner. WBD’s historical return belongs to holders before closing and is no longer an investable listed equity return.

## Demand chain (leading)
- T1 Coupang (https://valuechain.wiki/coupang.md)
- T1 Charter Communications, Inc. (https://valuechain.wiki/charter-communications.md)
- T1 Comcast Corporation (https://valuechain.wiki/comcast.md)
- T2 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Anthropic (https://valuechain.wiki/anthropic.md)
- T3 Planet Labs (https://valuechain.wiki/planet-labs.md)
- T3 Walmart Inc (https://valuechain.wiki/walmart.md)
- T3 McDonald's (https://valuechain.wiki/mcdonalds.md)
- T3 MercadoLibre, Inc. (https://valuechain.wiki/mercadolibre.md)
- T3 Shopify (https://valuechain.wiki/shopify.md)
- T3 Uber (https://valuechain.wiki/uber.md)
- T3 Costco Wholesale (https://valuechain.wiki/costco.md)
- T3 LVMH Moet Hennessy Louis Vuitton (https://valuechain.wiki/lvmh.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 Intuit Inc. (https://valuechain.wiki/intuit.md)
- T3 Workday, Inc. (https://valuechain.wiki/workday.md)
- T3 Salesforce, Inc. (https://valuechain.wiki/salesforce.md)
- T3 Booking Holdings Inc. (https://valuechain.wiki/booking-holdings.md)
- T3 Stryker Corporation (https://valuechain.wiki/stryker.md)
- T3 HCA Healthcare, Inc. (https://valuechain.wiki/hca-healthcare.md)
- T3 DoorDash, Inc. (https://valuechain.wiki/doordash.md)
- T3 AppLovin Corporation (https://valuechain.wiki/applovin.md)
- T3 Cintas Corporation (https://valuechain.wiki/cintas.md)
- T3 Colgate-Palmolive Company (https://valuechain.wiki/colgate-palmolive.md)
- T3 Honeywell Technologies (https://valuechain.wiki/honeywell-technologies.md)
- T3 AutoZone (https://valuechain.wiki/autozone.md)
- T3 eBay Inc. (https://valuechain.wiki/ebay.md)
- T3 Expedia Group, Inc. (https://valuechain.wiki/expedia-group.md)
- T3 The Kraft Heinz Company (https://valuechain.wiki/kraft-heinz.md)
- T3 Ingersoll Rand Inc. (https://valuechain.wiki/ingersoll-rand.md)
- T3 Omnicom Group Inc. (https://valuechain.wiki/omnicom-group.md)
- T2 Trade Desk (The) (https://valuechain.wiki/trade-desk.md)

## Supply chain (benefiting)
- T1 Skydance Corporation (https://valuechain.wiki/paramount-skydance.md)
- T2 TKO Group Holdings, Inc. (https://valuechain.wiki/tko-group-holdings.md)

---
Full node: https://valuechain.wiki/warner-bros-discovery.md · JSON: https://valuechain.wiki/warner-bros-discovery.json